investors expect engagement for offshore wind

Investors expect engagement for offshore wind

The Vietnamese government is speeding up the progress of drafting offshore wind (OSW) regulations with a series of meetings in recent times, recognising that the amendment to the Electricity Law needs support to initiate the first pilot projects.
electricity legislation revamp in demand

Electricity legislation revamp in demand

Legislators are beginning to pore over changes to the Electricity Law that could aim to attract private investors while ensuring transparency in both prices and supply.
price incentives can electrify transport

Price incentives can electrify transport

Ensuring sufficient electricity demand and incentives on electricity prices can promote the electrification of transport, contributing to accelerating the net-zero process by 2050.
lawmakers discuss anti monopoly aspects of electricity law

Lawmakers discuss anti-monopoly aspects of Electricity Law

Experts raised a series of questions regarding anti-monopoly measures during discussions on draft amendments to the Electricity Law at the specialised session of the National Assembly (NA).
importance stressed over power system

Importance stressed over power system

The Ministry of Industry and Trade has confirmed sufficient electricity for the nation until the year’s end, while admitting the transformation to renewables is sluggish.
quynh luu thanh hoa 500kv circuit 3 transmission line operational

Quynh Luu-Thanh Hoa 500kV Circuit-3 transmission line operational

The National Power Transmission Corporation (EVNNPT) and the Central Vietnam Power Project Management Board (CPMB) in collaboration with relevant units sent electricity to the Quynh Luu - Thanh Hoa 500kV Circuit-3 transmission line on August 19 morning.
ministry investigates wrongdoings at 32 solar and wind farms

Ministry investigates wrongdoings at 32 solar and wind farms

The Ministry of Public Security has instructed Vietnam Electricity (EVN) to hand over documents related to 24 wind farms and eight solar power projects as part of an investigation into abuse of power among public officials.
feasibility is a must for successful dppa mechanism

Feasibility is a must for successful DPPA mechanism

A July government decree permits many kind of renewable energy projects to engage in direct power purchase agreements without using Vietnam Electricity transmission line. Tran Dang Khoi, general director of Hero Future Energies Vietnam LLC under Hero Group, told VIR’s Oanh Nguyen about the impact of the policy on renewable energy firms and offered some proposals.
vietnam considers differential solar rates for north

Vietnam considers differential solar rates for north

The Ministry of Industry and Trade is to assess the feasibility of raising the purchase rate for excess electricity to 20 per cent in the northern region - double that proposed for the rest of the country.
total power capacity by 2030

Total power capacity by 2030

In Decision No 262/QD-TTg dated April 1, 2024, the Prime Minister approved the implementation plan for the National Power Development Master Plan in the 2021-2030 period with a vision to 2050.
vietnam authorises dppa for rooftop solar and biomass projects

Vietnam authorises DPPA for rooftop solar and biomass projects

A recently issued government decree permits rooftop solar, waste-to-energy, and biomass projects to engage in direct power purchase agreements (DPPA) without routing through Vietnam Electricity (EVN).
vietnams pm assures no energy shortages in 2024 at wef discussion

Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnamese Prime Minister Pham Minh Chinh chaired a discussion with Professor Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), and around 20 leaders of major WEF corporations on June 26 in Dalian, China.
inflation warning ahead of fuel hikes

Inflation warning ahead of fuel hikes

A potential rise in inflation in the second half of the year’s end may be seen following escalating use of electricity and fuel leading to price hikes.
evn leverages international expertise to improve hse standards

EVN leverages international expertise to improve HSE standards

Vietnam Electricity is leveraging international experts to elevate Health, Safety, and Environmental standards in its hydropower expansion.
indonesia needs 25 billion usd to build renewable energy grid

Indonesia needs 25 billion USD to build renewable energy grid

Indonesia's state-owned electricity company (PLN) said that it needs 25 billion USD to build a transmission grid connecting renewable energy sources across the country, also known as a green super grid. The project will create a 50,000 km transmission network connecting many areas across the country.